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Max Verstappen Salary: How Did Max Verstappen Become the Highest Paid F1 Driver?

Prithviraj Das by Prithviraj Das
January 25, 2023
in Formula 1
Reading Time: 2 mins read
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Max Verstappen and Kelly Piquet (Right) (Credit- People and Red Bull)

Max Verstappen and Kelly Piquet (Right) (Credit: People and Red Bull)

Max Verstappen is the prodigy from the Netherlands that has taken the world of Formula 1 by surprise in the last 5 years. The driver for Red Bull Racing was the youngest to ever grace the grid, at the age of 17. He is also a 2-time WDC champion with a natural talent for the asphalt. He is also the youngest driver to win a race, score a podium place, set the fastest lap, and score a grand slam.

The Dutch sensation is seen as the sole person on the grid competitive enough to challenge Mercedes’ 7X WDC champion, Lewis Hamilton. 

Max Verstappen
Max Verstappen (Credit: GQ)

He was signed to Red Bull’s secondary F1 team Torro Rosso (now known as AlphaTauri) from 2014-2016 and was promoted to Red Bull Racing in 2016 where he has been racing to date.

Max Verstappen’s net worth

The 2X WDC champion is probably the most competitive in the grid and the market and with his crowning as the best driver, he amassed 60$ Million in the 2022 season including base salary and bonuses.

RB18, Christian Horner and Max Verstappen (Right)
RB18(left), Christian Horner and Max Verstappen (Right) (Credit: F1 and PlanetF1)

Verstappen is evaluated to have a net worth of around 200$ Million. He is very marketable, but not as much as his arch-rival Lewis Hamilton.

Max Verstappen’s salary is surprisingly less than Lewis Hamilton’s

The dutchman earned a base salary 40$ Million in the 2022 season, compared to Lewis Hamilton’s total of 55$ Million, but due to his extraordinary performance with the RB18 in 2022, he gained a 20$ Million bonus for winning himself his second WDC and Red Bull its 5th Constructors’ Title.

‘Supermax’ has a huge following in Belgium, the Netherlands, and Austria. Giving him kind of a reputable market in those countries and helping him gain endorsements from Jumbo Supermarkets, Ziggo and Red Bull.

Kimi Raikkonen, (Top Left) Sebastian Vettel (Bottom Left), and Max Verstappen (Right)
Kimi Raikkonen, Sebastian Vettel (Left), and Max Verstappen (Right)(Credit- Red Bull Racing  Sky Sports)

He can be seen as a contemporary combination of Ferrari legend Kimi Raikkonen and Sebastian Vettel. Some features he borrows from them are Kimi’s cool and collected behavior and Vettel’s driving style and domination of the grid as a youngster. Verstappen’s cool and collected driving style is complemented by the never-ending support of the team manager, Christian Horner, and also his teammate, Sergio Perez.

Verstappen won 15 races and got the podium spot 17 times giving him a huge point tally of 454 points. This tally was only seconded by Charles LeClerc with 308 points. The huge difference between the two denotes that Ferrari towards the end of the season was struggling to keep their boat afloat by competing with Red Bull’s Perez.

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Prithviraj Das

Prithviraj Das

Content writer at Sportsmanor. Student at Christ (Deemed-to-be-university), BGR campus, Bangalore.

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